ATOMUSDT Perpetual Contract
Short
Updated

Cosmos (ATOM): Bouncing On a Trend / Wait For Breakdown

250
Cosmos has been bouncing on a trend ever since breaking down from EMAs.

As price is pressuring the trend, we are looking for a breakdown to happen from here, but we might see one re-test to EMAs before that. Now all we can do is wait and keep an eye on both trend and EMAs

Swallow Team
Note
snapshot
Cosmos is still pressing towards that trend, which is giving us another scenario to happen here, which is an early breakdown.

We are looking and keeping an eye for any sudden movement here, but the end game is still the same: to break that trend and move to lower zones!

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